The line graph illustrates the changes in the accommodation costs in three different countries from 1997 to 2014. Overall, average house prices in these countries experienced a steady growth, albeit to varying degrees. The most considerable growth was observed in Country A, followed by Country B, whereas the housing prices in Country C remained at the bottom, despite a gradual increase.
Country A and Country B had similar figures in the initial years, both averaging around $200,000. It was not until 2000 that these costs began to rise, with the former country increasing its average prices to about $550,000 by 2004 and the latter reaching roughly $300,000. Despite a slight drop in 2005, the figure for Country A continued to show further increase in the following years, ultimately growing to nearly $750,000 by 2014. Although Country B managed to close the gap in 2009 by pricing its houses at $500,000, the discrepancy became more pronounced from that point onward, as this figure remained practically unchanged.
As for Country C, its housing prices consistently ranked lowest over the period. Starting at around $150,000, the average house prices in this country showed a steady, yet minimal, growth before surging to $250,000 in 2007. Even though it returned to its initial value by 2008, the figure began to rise again, reaching more than $250,000 by the end of the period.